Sports

Xcel wants to extend Solar Rewards, slash incentives

By Mark Jaffe The Denver Post

Posted:
07/24/2013 05:41:27 PM MDT

Updated:
07/25/2013 08:41:00 AM MDT

Xcel Energy is proposing to extend its Solar Rewards program even as it raises questions about the size and scope of incentives for rooftop solar arrays, according to a filing with the state Wednesday.

The incentives and credits are crucial to promote the development of solar power in Colorado, industry officials and solar-power advocates said.

The renewable-energy plan, filed with the Colorado Public Utilities Commission, calls for 43 megawatts of additional rooftop solar through Xcel's Solar Rewards program, which already accounts for 160 megawatts of installations.

Xcel, Colorado's largest electricity provider, at the same time proposes cutting incentives to a fraction of a penny per kilowatt-hour.